Price Formula

 

Iranian Crude Oil Official Selling Price Formula

 [for: December 2008]

 

Region

  North West Europe* Mediterranean Sidi Kerir South Africa   Asia

Grade

Price

Index

(FOB Kharg) (FOB Kharg)

(FOB SidiKerir)

(FOB Kharg) Price

Index

(FOB Kharg)
Iran Light Ice

Bwave

-4.70 -5.45 -4.00 -4.70 Average

(Oman,

Dubai)

-0.95
Iran Heavy -6.75 -7.65 -6.20 -6.75 -3.87
Forozan Blend -6.80 -7.70 -6.25 -6.80 -3.80
Soroosh Iran

Heavy

- -6.30 - - Iran

Heavy

-11.83
Nowrooz - -5.70 - - -11.23
*: Freight adjustment to be applied.

 

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